credit card

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A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a charge card, which requires the balance to be repaid in full each month. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date.

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    QLD Credit Card Travel Insurance

    We are going to Tasmania for a driving holiday. Instead of getting travel insurance is it wise to rely solely on the complimentary insurance given by the credit card of the bank? I am wondering if someone has any experience in making claims for this type of insurance. Are they reliable and easy...
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    NSW Using credit card transaction to track down a shoplifter

    Hello. i was wondering, if someone shoplifts but legimately purchases an item in the same “transaction” with a credit/debit card, how does a store+police go about identifying the thief via the card transaction? Is it a relatively simple process? do banks typically help in these cases?
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    NSW Uninsured/unregistered vehicle. Credit card was debited but not processed?

    I was stopped by police (15 October 2021) and asked if I was aware that my rego had been cancelled. I asked how and why that might happen and was told I mustn't have payed it. I recalled clearly the relief when I had payed it on the 17 June 2021. That afternoon I took all receipts I could find...
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    NSW Low credit rating credit card

    Hi, I am in a bit a situation where I have a good job, no debt, no mortgage and very low outgoings and an 85% repayment rate according to Equifax. several years ago I did have a mortgage but that was paid out. For the past couple of years I have not had a bank account as everything was in my...
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    NSW Credit card addback on balance sheet

    Hi, My ex wife through her solicitor is claiming addback's of $60000+ for credit card payments made during the relationship dating back to 2017. We separated in Dec 2019. Both of us had a credit card each for same account and the payments were made from our joint account. Is this going to hold...
  6. J

    Overseas credit card debt

    Hi, I need advise regarding my credit card debt concern. I am a Vietnamese and I worked in Indonesia for 3.5 years. While based in Jakarta, I had a bank account and a credit card. I paid it on time always. However, due to personal reasons, I left the country and missed out on paying my...
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    QLD please help with lost lotto

    lost lotto ticket but have credit card transation of day that no one has looked at, need to ascertain time-is there anyone that can help my no 0416439981 k
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    Credit card increase by secondary card holder

    Hi can a bank allow a secondary card holder to increase credit limit? The secondary card holder did this via there internet banking and the bank allowed them to do it
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    WA Caught at Self-Checkout for Theft at Coles - Help?

    Hi, Recently, I did something very stupid, which I am ashamed of. I was using the self-check out at Coles and I put a few items through as cheap vegetables about 25$ amount. The rest of items I paid for my total came to about $30. As I was leaving, one of the workers asked to see my receipt. I...
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    WA Outstanding Credit Card Debt from 2014 - What to Do?

    I became aware of an outstanding credit card debt from 2014 that I truly thought had been paid off. I had found myself in a difficult financial situation towards the end of 2014 with a few outstanding debts. I had a very good friend come to my rescue at the time and generously agreed to pay...